BMW May Takeover Nedcar Plant

Could BMW be acquiring the soon-to-be-shuttered Nedcar plant, which formerly built the Volvo S40 and Mitsubishi Colt? Dutch website Nu.nl seems to think so. Nu is reporting that Nedcar executives have given tours of the plant to their BMW counterparts, in advance of takeover talks. BMW is especially interested in building the BMW X5, BMW X1 and Mini Countryman at the plant, using the same lines that built the Colt and Mitsubishi Outlander. BMW is having trouble keeping up with demand for both cars, especially the hot-selling X1, set to make its American debut this summer. A BMW takeover of the plant would also prevent Mitsubishi from having to offer severance packages to workers at the plant. Nedcar is capable of a maximum output of 200,000 cars per year, but only produced 23,000 in 2011. from The Truth About Cars http://www.thetruthaboutcars.com

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